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88100020
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Last modified
3/9/2007 5:40:56 PM
Creation date
3/9/2007 4:28:31 AM
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DEEDS
Inst Number
88100020
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<br />I <br /> <br /> <br />el <br /> <br />L <br /> <br />I <br />~ <br />~ <br />~. <br /> <br />J <br /> <br />88- 100020 <br /> <br />limitation, the Trustee shall not be responsible for the execu- <br />tion, acknowledgment, or validity of this Deed of Trust, or of any <br />instrument amendatory hereof or supplemental hereto or of the Note <br />or of any other Indebtedness, or for the sufficiency of the <br />securi ty purported to be created hereby. The Trustee shall not <br />incur any personal liability hereunder except for his own willful <br />neglect, gross negligence, or default; and the Trustee shall have <br />the right to rely on any instrument, document, or signature <br />authorizing or supporting any action taken or proposed to be taken <br />by him hereunder, believed by him in good faith to be genuine. <br />The Trustee shall be entitled to reimbursement for all expenses <br />incurred by him in the perful'lnance of hi s duties, and shall be <br />enti tIed to reasonable compensation for such of his services as <br />shall be rendered. <br /> <br />ARTICLE V <br /> <br />r.II SCELL?NEOUS <br /> <br />SECTION 5.1 Severabi Ii ty. In the event anyone or more <br />of the provisions contained in thi s Deed of Trust shall for any <br />reason be held to be invalid, illegal or unenforceable in any <br />respect, such invalidity, illegality or unenforceability shall, at <br />the option of Beneficiary, not affect any other provision of this <br />Deed of Trust, but this Deed of Trust shall be construed as if <br />such invalid, illegal or unenforceable provision had never been <br />contained herein or therein. The invalidity of any provision of <br />this Deed of Trust in an:; one jurisdiction shall not affect or <br />impair in any manner the validity of such provision in any other <br />jurisdiction. <br /> <br />SECTION 5.2 Notices. All notices, demands, instruc- <br />tions and other communications required or permitted to be given <br />to or made upon any party named herein shall be in writing and <br />shall be personally delivered or sent by registered or certified <br />mail, postage prepaid, return receipt requested, or by a reputable <br />courier delivery service, or by prepaid telex, TWX or telegram <br />(with messenger delivery specified in the case of a telegram), or <br />by telecopier, and shall be deemed to be given for purposes of <br />this Deed of Trust on the day that such writing is delivered or <br />sent to the intended recipient thereof in accordance with the <br />provisions of this Section 5.2. Unless otherwise specified in a <br />notice sent or delivered in accordance with the foregoing provi- <br />sions of this Section 5.2, notices, demands, instructions and <br />other communications in writing shall be given to or made upon the <br />respective parties named herein at their respective addresses (or <br />to their respective telex, TI.oJX or telecopier numbers) indicated <br />below: <br /> <br />(i) <br /> <br />If to Mortgagor: <br /> <br />Elliot Supply, Inc. <br />4301 Industrial Avenue <br />Lincoln, Nebraska 68501 <br /> <br />-26- <br /> <br />L <br /> <br />1- <br /> <br />'il <br />\~ <br />l:' <br />'.'~ <br />I <br />"1 <br />;:~ <br />':~ <br />.....~ '. <br />'-'~ <br />'.h- <br />./i <br />,Jl <br /> <br />.., <br /> <br />r- <br /> <br />-.J <br /> <br />,~ <br />. <br /> <br />( <br /> <br />:0; <br />t- <br />o <br />~ <br />
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